Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) also run on active notice, stock price shows upbeat performance surged 2.16% after traded at $0.54 in most recent trading session. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 43.20%. Moving toward ratio analysis, it has current ratio of 11.20 and quick ratio was calculated as 11.20. The debt to equity ratio appeared as 0.00 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 8.42% for a week and 10.37% for a month. The price volatility’s Average True Range for 14 days was 0.06. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.50 out of 1-5 scale with week’s performance of 1.91%. TNXP’s institutional ownership was registered as 22.40%, while insider ownership was 2.20%.
Palatin Technologies, Inc. (NYSE:PTN) persists its position slightly strong in context of buying side, while shares price slightly down -0.29% during latest trading session.
Narrow down focus to other ratios, the co has current ratio of 0.50 that indicates if PTN lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.50, which indicates firm has sufficient short-term assets to cover its immediate liabilities.